Dear Editor,
Further to ExxonMobil CFO informing that the “Liza Field will go offline later this year for hook up of gas pipeline”, the arena in which this statement was made was not noted in the OilNow article on Saturday 3 February 2023.
And under the Gas Sales Agreement and/or any other financial agreement/s, kindly inform how the possible time lapse between the date of the finishing of the pipeline and the time that the NGL and 300 MW plant can be “kind of plug(ed) into” will be dealt with? What rate will Guyana be paying for the unusable and/or unused gas? Is the Gas Sales Agreement completed? When will it be released into the National Assembly and/or the public domain as previously stated by the government? Has the American branded equipment for the NGL and 300 MW power plant been ordered as yet? What is the lead time on that order? Is the GtE project or any derivatives therefrom traded on the energy market by any of the Stabroek Block Partners?
Hoping for answers while the due diligence and its feasibility is being undertaken and/or ongoing by US Ex-Im Bank for the loan AP089490XX; offshore pipeline, NGL and 300MW gas fired power plant. Are the Stabroek Block Partners financing the offshore aspect and reimbursed if the loan is approved or will it just be re-claimed under cost oil?
Sincerely,
Elizabeth Deane-Hughes
